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News Stories (38 Results) - Revolving Line of Credit

Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics and financial services, announced the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc... Read Story
February 10, 2022, 07:50 AM


Ares Commercial Finance (“ACF”) provided a senior secured credit facility to Capezio, Ballet Makers, Inc. The credit facility consists of a revolving line of credit and term loan. Proceeds will be used to refinance existing indebtedness and for... Read Story
January 19, 2022, 07:00 AM


CROSSMARK, a  sales and marketing services company in the consumer industry that provides growth solutions to manufacturers and retailers,  announced that it has entered into an agreement to amend and extend its revolving credit facility.  Under the... Read Story
January 09, 2017, 07:14 AM


Lighthouse Financial Corp. announced today that it has provided a $2.5 million revolving line of credit to support the acquisition of a New York-based distributor of plumbing and HVAC equipment and supplies by a Tennessee-based private equity firm. ... Read Story
July 29, 2015, 07:01 AM


Capital One provided a $19 million revolving line of credit to Alecto Healthcare Services, which operates four hospitals in West Virginia, Texas and California. The line of credit will be used to finance the working capital needs for two of the... Read Story
June 02, 2015, 07:17 AM


SVBusiness Capital has announced the issuance of a $1.3 million revolving line of credit as well as a $205M term loan to a California-based building maintenance company.  The proceeds were used to refinance existing debt and to support their growing... Read Story
May 11, 2015, 07:51 AM


Ares Commercial Finance has funded a $9 million senior secured revolving line of credit to Surge Staffing, LLC.  Surge Staffing, LLC operates a Staffing and Human Resources solutions company offering a wide variety of services and support, including... Read Story
February 20, 2015, 07:14 AM


Marquette Business Credit announced it recently funded a $5 million revolving line of credit and inventory term loan to Patrick James, Inc. Patrick James, Inc. is a well-established, high-end men’s apparel retailer with fifteen retail locations... Read Story
February 13, 2015, 07:13 AM


Global Geophysical Services, Inc. announced it has successfully completed its balance sheet restructuring and emerged from bankruptcy, following confirmation of Global's Second Amended Joint Chapter 11 Plan of Reorganization by the U.S. Bankruptcy... Read Story
February 11, 2015, 07:23 AM


Capital One Bank announced that it has provided a $60 million secured term loan to be used to acquire a portfolio of 19 skilled nursing facilities in Indiana and Iowa. The bank has also provided a $6 million revolving line of credit to fund ongoing... Read Story
December 22, 2014, 07:37 AM


NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc, announced that it has provided a $25 million revolving line of credit to Afni, Inc. (“Afni”).  Headquartered in Bloomington, IL, Afni provides outsourced process solutions... Read Story
December 04, 2014, 07:28 AM


Streamline Health Solutions, Inc. announced it has finalized the terms of a new credit facility with Wells Fargo Bank N.A. The new facility consists of a fixed rate $10 million senior term loan with an interest rate of approximately 6.5% and a $5... Read Story
November 25, 2014, 07:41 AM


MidCap Business Credit completed a $4.75 million asset-based revolving line of credit to Southern Exchange, L.P., D/B/A, Texsport, a wholesaler of camping and outdoor recreational products  headquartered in Houston, TX.  The revolver is supported... Read Story
November 21, 2014, 07:21 AM


Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to VNA California. The proceeds are being used for working capital purposes.Founded in 1931, VNA California is a non-profit provider of home health... Read Story
November 07, 2014, 07:21 AM


First Capital, a national commercial finance company, announced it has provided a $7 million revolving line of credit to ED MAP, Inc. The senior credit facility consists of a $7 million working capital revolver collateralized by accounts receivable... Read Story
November 05, 2014, 07:24 AM


First Capital provided a $7.8 million revolving line of credit to Tapco Associates, Inc, dba Tapco Circuit Supply, a leading national supplier of materials and process solutions to the printed circuit industry. The senior credit facility consists of... Read Story
October 21, 2014, 07:21 AM


CorEnergy Infrastructure Trust, Inc. announced the closing of a new $30 million senior secured revolving credit facility with Regions Bank. The new four-year credit facility replaces the company’s existing $20 million revolving line of credit with... Read Story
October 01, 2014, 06:39 AM


Webster Business Credit Corporation recently provided a $40 million senior secured revolving line of credit to Active Media Service, Inc. d.b.a. Active International, to refinance an existing facility and provide working capital to further... Read Story
September 18, 2014, 05:54 AM


MidCap Business Credit announced it has completed a $4 million asset-based credit facility to Anthem Leather, Inc., an importer and distributor of furniture grade leather headquartered in High Point, NC.   The revolving line of credit is comprised of... Read Story
September 09, 2014, 07:22 AM


Net Access expanded its senior secured credit facility with U.S. Bank National Association by an additional $9 million which includes a $5 million increase to their revolving line of credit. The company will use a portion of the facility to refinance... Read Story
August 27, 2014, 07:34 AM


Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it closed a $12.4 million senior secured term loan and a $1.5 million revolving line of credit with Pritok... Read Story
August 27, 2014, 07:17 AM


Genius Brands International, Inc., a global brand management company dedicated to providing entertaining and enriching 'content with a purpose' for toddlers to 'tweens, announced today that it has secured a $2 million revolving line of credit with... Read Story
August 26, 2014, 07:11 AM


Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it recently closed $113.8 million in transactions with multiple healthcare operators. Proceeds of the loans were... Read Story
August 21, 2014, 07:05 AM


Ignite Restaurant Group successfully closed on a new $195 million senior secured credit facility. The new four and a half year facility, which consists of a $165 million term loan and a $30 million revolving line of credit, replaces Ignite’s existing... Read Story
August 14, 2014, 07:16 AM


CAS Medical Systems, Inc., a leader in medical devices for non-invasive patient monitoring, announced that on Friday, June 27, 2014, the Company entered into a Loan and Security Agreement (the "Loan Agreement") with General Electric Capital... Read Story
July 01, 2014, 07:19 AM


J. C. Penney Company, Inc. announced it has closed its new $2.35 billion asset-based senior secured credit facility, comprised of a $1.850 billion revolving line of credit and a $500 million term loan. The new facility replaces a $1.850 billion... Read Story
June 24, 2014, 07:28 AM


Astea International Inc., a global provider of service management and mobile workforce solutions, has obtained a two year revolving line of credit for working capital needs from Silicon Valley Bank (SVB) for $3 million. The secured revolving line of... Read Story
June 16, 2014, 07:32 AM


AloStar Business Credit has provided $14.5 million in financing for Patriot Environmental Services, Inc. The financing for Patriot Environmental Services, Inc. includes a $6 million revolving line of credit and an $8.5 million term loan with... Read Story
June 11, 2014, 07:58 AM


Gemino Healthcare Finance, a specialty finance company offering senior loans to healthcare service providers, announces the promotion of three key employees to vice presidents of the company.Gil Brindley has been promoted to Vice President of... Read Story
June 03, 2014, 07:34 AM


Marquette Business Credit, Inc. announced it has provided Appa Seafood, Inc. (dba Appa Fine Foods, Inc.) with a $6 million revolving line of credit and $1.4 million equipment term loan to support its continued growth. Founded in 1987, Appa, through... Read Story
June 03, 2014, 07:09 AM


Brekford Corp., a leading public safety technology service provider of automated traffic safety enforcement solutions, parking enforcement solutions, and an end-to-end suite of technology equipment for public safety vehicle services, announced the... Read Story
May 29, 2014, 07:41 AM


NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided senior credit facilities totaling $10 million to Frette North America, Inc. (“Frette”). Founded in 1860 in Milan, Italy and now... Read Story
May 22, 2014, 07:27 AM


Gemino Healthcare Finance (“Gemino”) announced it has provided an $8 million secured revolving line of credit to Providence Group, Inc. The proceeds are being used to pay off existing debt and for working capital purposes. Cascade Partners served as... Read Story
May 21, 2014, 07:29 AM


Gemino Healthcare Finance announced it has provided a $5 million secured revolving line of credit to Healthcare Plus Management and Affiliates. The proceeds are being used to pay off existing debt and for working capital purposes. Headquartered in... Read Story
April 29, 2014, 07:19 AM


NewStar Business Credit announced today that it has provided credit facilities totaling $10 million to Alfred Publishing Co., Inc.. Founded in 1922 and headquartered in Los Angeles, the company is the world's largest publisher of educational music... Read Story
April 08, 2014, 07:29 AM


Home Care by Black Stone ("Black Stone"), based in Cincinnati, Ohio, is a regionally focused home care services company providing a full spectrum of skilled nursing and related home health services with highly trained home health and personal care... Read Story
April 07, 2014, 07:43 AM


GA Capital, a division of Great American Group, Inc., has closed a $35 million senior secured global financing facility consisting of a $22.5 million term loan and a $12.5 million revolving line of credit for Reichhold. "Reichhold is a leading... Read Story
February 05, 2014, 07:31 AM


GTT announced that it has completed an expanded syndication of its senior credit facilities. GTT increased its revolving line-of-credit to $7.5 million from $5 million and the total amount of this financing to $72.5 million, increasing capital... Read Story
October 10, 2013, 08:02 AM